Cyber security is a growing concern. Cyber liability coverage is designed to afford protection for businesses that communicate or conduct business online. If a business has a website, uses email, social media, stores data, including private information on computers or generate revenue online Cyber Security Liability Insurance should be considered.
In business today, Directors and Officers (D&O) of a company face increasing liability. Claims may be made whether the event is actual or alleged. Some reasons for D&O claims include breach of duty, neglect, error, misleading statement, misstatement, act or omission in duties resulting in financial loss or economic hardship.
Claims arising from the process of employment are covered under Employment Practices Liability Insurance. Common claims include wrongful termination, sexual harassment, discrimination, wrongful discipline, and retaliation. This policy covers directors and officers, management personal and employees of the insured.
Professional Liability Insurance is often called Errors and Omissions (E&O) Insurance. This type of liability coverage is designed to protect you and your business from accustations of failed professional advice resulting in a financial loss or economic hardship.
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